Gran Tierra Energy Inc. today announced the early participation results of its previously announced offers to Eligible Holders to exchange any and all of the outstanding 6.250% Senior Notes due 2025 issued by Gran Tierra Energy International Holdings Ltd. on February 15, 2018, and any and all of the outstanding 7.750% Senior Notes due 2027 issued by the Company on May 23, 2019 for newly issued 9.500% Senior Secured [...]
Gran Tierra Energy Inc. today announced the commencement of offers to Eligible Holders to exchange any and all of the outstanding 6.250% Senior Notes due 2025 issued by Gran Tierra Energy International Holdings Ltd. on February 15, 2018, and any and all of the outstanding 7.750% Senior Notes due 2027 issued by the Company on May 23, 2019 for newly issued 9.500% Senior Secured Amortizing Notes due 2029, pursuant to the [...]
Gran Tierra Energy Inc. today is pleased to announce that the Company has satisfied all outstanding conditions precedent to the effectiveness of the agreement previously announced on April 11, 2023 with Ecopetrol S.A. , the national oil company of Colombia, by which the parties renegotiated the terms and the duration of the contract for the Suroriente Block in the Department of Putumayo , which was scheduled to end in [...]
Final Call for One-on-One Meeting Requests for all Companies by Institutional Investors, Portfolio Managers, Financial Analysts, CIOs, and Other Investment Industry Professionals. World Class Energy Companies to Present; Presentation Times and Schedule for All Participating Companies Now Posted on the Conference Website www.enercomdenver.com Investors, Analysts, and Energy Industry Professionals Can Still Register to [...]
Second Quarter 2023 Total Average Production of 33,719 BOPD, Up 10% from One Year Ago and Up 7% from Prior Quarter Third Quarter-To-Date 2023 Total Average Production of Approximately 35,300 BOPD Colombia 2023 Development Campaign Complete - 21 Wells Drilled During First Half 2023 CALGARY, Alberta, Aug. 01, 2023 -- Gran Tierra Energy Inc. today announced the Company's financial and operating results for the quarter ended [...]
Highest Reserves in Company History - 94 MMBOE 1P, 150 MMBOE 2P and 212 MMBOE 3P Achieved 270% 1P, 433% 2P and 599% 3P Reserves Replacement Incurred F&D Costs Excluding Change in FDC of $8.55 , $5.33 and $3.86 per boe Net Present Value Before Tax Discounted at 10% Increased to $2.2 Billion , $3.3 Billion , and $4.5 Billion Net Asset Value per Share of $25.45 Before Tax and $14.93 After Tax , $49.54 Before Tax and $27.28 [...]
Gran Tierra Energy Inc. announces that the Company will release its 2023 second quarter financial and operating results on Tuesday, August 1, 2023, after market close. Gran Tierra will host its 2023 second quarter results conference call on Wednesday, August 2, 2023, at 9:00 a.m. Mountain Time, 11:00 a.m. Eastern Time. Interested parties may register for the conference call by clicking on this link. Please note that there [...]
Gran Tierra Energy Inc. announces that the Company will release its 2023 second quarter financial and operating results on Tuesday, August 1, 2023, after market close. Gran Tierra will host its 2023 second quarter results conference call on Wednesday, August 2, 2023, at 9:00 a.m. Mountain Time, 11:00 a.m. Eastern Time. About Gran Tierra Energy Inc. Gran Tierra Energy Inc. together with its subsidiaries is an independent [...]
Achieved Second Quarter 2023 Total Company Average Production of Approximately 33,800 BOPD, an Increase of 7% from First Quarter 2023 2023 Year-to-Date Total Company Average Production1 of Approximately 32,900 BOPD Total Company Current Average Production1 of Approximately 34,800 BOPD 2023 Capital Expenditures Expected To Be Approximately $210-$230 Million, at Lower End of 2023 Guidance First Half 2023 Drilling Activity [...]
Total Current Average Production of Approximately 36,800 BOPD Second Quarter-to-Date 2023 Average Production of Approximately 33,600 BOPD, Up 6% from First Quarter 2023 Achieved Acordionero Field Average Production of Approximately 18,600 BOPD Acordionero, Costayaco and Moqueta Infill Development Well Drilling Programs Yielding Exciting Results During 2023 Year-to-Date, 19 Development Wells Drilled, Consisting of 12 New [...]
Gran Tierra Energy Inc. announced today that it has completed the previously announced 1-for-10 reverse stock split of the Company's common stock, par value $0.01 per share. The reverse stock split was previously approved by the Company's board of directors in February 2023 and by the Company's stockholders at the annual meeting of stockholders on May 3, 2023. The Company filed an amendment to its certificate of [...]
Gran Tierra Energy Inc. announced today that at its annual meeting of stockholders held on May 3, 2023, the Company's stockholders have approved a 1-for-10 reverse stock split of the Company's common stock, par value $0.01 per share. The reverse stock split was previously approved by the Company's board of directors in February 2023, subject to shareholder approval. The Company plans to file an amendment to its [...]